Finnish (OMX) Medical Equipment Industry Analysis
UpdatedMar 16, 2023
DataAggregated Company Financials
Companies6
- 7D-5.4%
- 3M-9.1%
- 1Y-30.7%
- YTD-9.0%
Over the last 7 days, the Medical Equipment industry has dropped 5.4%, driven by declines from every company within the industry. Overall the industry is down 31% in 12 months. Looking forward, earnings are forecast to grow by 18% annually.
Industry Valuation and Performance
Has the Finnish Medical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 17 Mar 2023 | €1.1b | €142.3m | €6.7m | 41.2x | 169.8x | 8x |
| Sun, 12 Feb 2023 | €1.3b | €143.5m | €8.2m | 45.2x | 156.4x | 8.9x |
| Tue, 10 Jan 2023 | €1.2b | €139.3m | €8.0m | 46.2x | 154.4x | 8.8x |
| Thu, 08 Dec 2022 | €1.3b | €139.3m | €8.0m | 49.2x | 160.2x | 9.2x |
| Sat, 05 Nov 2022 | €1.2b | €138.2m | €8.4m | 47.2x | 145.7x | 8.9x |
| Mon, 03 Oct 2022 | €1.2b | €133.5m | €7.1m | 43.3x | 169.5x | 9x |
| Wed, 31 Aug 2022 | €1.4b | €133.5m | €7.1m | 47.8x | 199.5x | 10.6x |
| Fri, 29 Jul 2022 | €1.6b | €124.7m | €5.9m | 70.9x | 269.9x | 12.8x |
| Sun, 26 Jun 2022 | €1.4b | €124.7m | €5.9m | 61.9x | 242.8x | 11.5x |
| Tue, 24 May 2022 | €1.6b | €124.7m | €5.9m | 66.9x | 263.8x | 12.5x |
| Thu, 21 Apr 2022 | €1.7b | €122.0m | €5.7m | 75.2x | 304.8x | 14.2x |
| Sat, 19 Mar 2022 | €1.7b | €110.7m | €10.7m | 69.7x | 154.2x | 14.9x |
| Mon, 14 Feb 2022 | €1.7b | €104.5m | €8.7m | 66x | 200.2x | 16.6x |
| Wed, 12 Jan 2022 | €2.1b | €104.5m | €8.7m | 79.8x | 241.6x | 20.1x |
| Fri, 10 Dec 2021 | €2.2b | €104.5m | €8.7m | 85x | 257.5x | 21.4x |
| Sun, 07 Nov 2021 | €2.4b | €105.1m | €9.2m | 86.3x | 258.1x | 22.6x |
| Tue, 05 Oct 2021 | €2.2b | €101.5m | €7.6m | 89.1x | 284.4x | 21.4x |
| Thu, 02 Sep 2021 | €1.9b | €101.5m | €7.6m | 105.3x | 254.7x | 19.1x |
| Sat, 31 Jul 2021 | €2.1b | €101.5m | €7.6m | 113.1x | 276.2x | 20.7x |
| Tue, 04 May 2021 | €1.8b | €93.0m | €5.8m | 105.3x | 309.3x | 19.3x |
| Fri, 05 Feb 2021 | €1.5b | €81.6m | €6.9m | 99.9x | 211.4x | 17.8x |
| Mon, 09 Nov 2020 | €1.0b | €77.5m | €5.3m | 83.6x | 192.2x | 13.3x |
| Sun, 02 Aug 2020 | €844.7m | €76.3m | €4.6m | 66x | 184.2x | 11.1x |
| Wed, 06 May 2020 | €755.0m | €77.0m | €3.4m | 70.9x | 220.4x | 9.8x |
Price to Earnings Ratio
199.8x
Current Industry PE
- Investors are pessimistic on the Finnish Medical Equipment industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 170x which is lower than its 3-year average PE of 221x.
- The 3-year average PS ratio of 14.4x is higher than the industry's current PS ratio of 8.0x.
Past Earnings Growth
- The earnings for companies in the Medical Equipment industry have grown 25% per year over the last three years.
- Revenues for these companies have grown 23% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Finnish Healthcare industry?
| FI Market | -5.59% | |
| Healthcare | -3.37% | |
| Medical Equipment | -5.40% | |
| Medical Supplies | 0% | |
| Medical Equipment | -5.40% | |
Industry PE
- Investors are most optimistic about the Medical Equipment industry even though it's trading below its 3-year average PE ratio of 221x.
- Analysts are expecting annual earnings growth of 17.7%, which is lower than the prior year's growth of 25.6% per year.
- Investors are most pessimistic about the Medical Equipment industry, which is trading below its 3-year average of 221x.
Forecasted Growth
- Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 18% over the next 5 years.
- However this is lower than its past earnings growth rate of 26% per year.
- In contrast, the Medical Equipment industry is expected to see its earnings grow by 18% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| No data available | |||||